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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2024
Discontinued Operations [Abstract] |
Schedule of Loss from Discontinued Operations | Loss from discontinued operations for fiscal years 2024 and 2023 was as follows:
|  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Revenue |  | $ | - |  |  | $ | 13,168,348 |
Cost – third party |  |  | - |  |  |  | 8,423,457 |
Cost – related party |  |  | - |  |  |  | 978,801 |
Gross profit |  |  | - |  |  |  | 3,766,090 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |
General and administrative |  |  | - |  |  |  | 4,211,836 |
Research and Development expenses |  |  | - |  |  |  | 2,577 |
Selling expenses |  |  | - |  |  |  | 310,737 |
Bad debt provision |  |  | - |  |  |  | 70,955 |
Total |  |  | - |  |  |  | 4,596,105 |
OTHER INCOME (EXPENSE) |  |  |  |  |  |  |  |
Interest income |  |  | - |  |  |  | 30,655 |
Interest expense |  |  | - |  |  |  |  |
Other expense |  |  | - |  |  |  | (780,899 | )
Total |  |  | - |  |  |  | (750,244 | )
Loss from discontinued operations before income tax |  |  | - |  |  |  | (1,580,259 | )
Income tax provision |  |  | - |  |  |  | 5,281 |
Loss from discontinued operation before noncontrolling interest |  | $ | - |  |  |  | (1,574,978 | )
Gain on disposal of discontinued operations |  |  | 1,054,155 |  |  |  | 386,482 |
Less: Net loss attributable to non-controlling interests |  |  | (190,840 | ) |  |  | (108,046 | )
LOSS FROM DISCONTINUED OPERATION |  | $ | 1,244,995 |  |  | $ | (1,080,450 | )
Schedule of Assets and Liabilities Related to Discontinued Operations | The major components of assets and liabilities related to discontinued operations are summarized below:
|  | December 31, 2024 |  |  | December 31, 2023 |
Cash and cash equivalents |  | $ | - |  |  | $ | 1,619,413 |
Accounts receivable |  |  | - |  |  |  | 1,296,065 |
Other receivables |  |  | - |  |  |  | 2,459,259 |
Advances to suppliers and other current assets |  |  | - |  |  |  | 399,827 |
Property, plant and equipment, net |  |  | - |  |  |  | 1,767,037 |
Right of use assets - operation lease |  |  | - |  |  |  | 834,076 |
Total assets related to discontinued operations |  | $ | - |  |  | $ | 8,375,677 |
Accounts payable |  | $ | - |  |  | $ | 18,346 |
Accrued expenses and other payables |  |  | - |  |  |  | 881,886 |
Advances from customers |  |  | - |  |  |  | 2,604 |
Amount Due to Related Party |  |  | - |  |  |  | 401,516 |
Lease liability - operation lease |  |  | - |  |  |  | 145,468 |
Lease liability - operation lease non-current |  |  | - |  |  |  | 690,819 |
Total liabilities related to discontinued operations |  | $ | - |  |  | $ | 2,140,639 |

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